> If your net worth starts decreasing when you retire you retired a decade too early. […] and no financial advisor worth the paper their business card is printe

> If your net worth starts decreasing when you retire you retired a decade too early. […] and no financial advisor worth the paper their business card is printed on would suggest you spend more than your investments earn in retirement. Completely wrong: * https://en.wikipedia.org/wiki/Trinity_study https://en.wikipedia.org/wiki/Trinity_study * https://en.wikipedia.org/wiki/William_Bengen https://en.wikipedia.org/wiki/William_Bengen Principal liquidation is just fine and has lots of theoretical/historical analysis to support it, with (tens of) millions of people doing it as we speak.